Secretary of State for Business, Innovation and Skills, Vince Cable, has welcomed the purchase of Coventry-based Manganese Bronze, the maker of London's iconic black taxi.
It's only right that the iconic black cabs will be produced in the UK. I'm pleased that workers in the Coventry factory will keep their jobs, thanks to everyone who worked so hard to make this happen.
"I look forward to hearing more from Geely about its pledge to continue production in the West Midlands and opportunities for its supply chain in the UK.
More top news
An investigation has been launched into the care of a three year-old boy at Stafford Hospital.
When you meet Malala Yousafzai it is hard to imagine such a shy, softly spoken girl addressing world leaders in the spotlight.
Nobel prize-winner and campaigner Malala Yousafzai speaks to ITV News about her political ambitions and her new Birmingham accent.